HCL Tech dividend 2023: Shares trade ex-date; check record date and payment date | HCL Tech share price NSE, BSE target

HCL Tech Dividend 2023 Record Date, HCL Tech Share Price Target 2023: HCL Technologies shares traded ex-dividend date on Thursday, January 19. The counter opened lower more than 1 per cent at Rs 1102.35 apiece on NSE. HCL Tech, while releasing its third quarter result for the Financial Year 2022-23, declared to pay an interim dividend. 
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HCL Tech announced to pay a whopping 500 per cent interim dividend to its investors per equity share, translating into Rs 10. The face value of each share of HCL Tech is Rs 2.

An ex-date is the day when a stock trades without the benefit of the next dividend payment or any other corporate action.

HCL Tech Dividend 2023 Record Date

HCL Tech has fixed the record date for determining the eligibility of shareholders for receiving the dividend amount. 
 
HCL Tech dividend record date is January 20. 

HCL Tech Dividend Payment Date

HCL Tech dividend payment date is February 1, 2023. 

HCL Tech Dividend History

HCL Tech in the current financial year has so far paid dividends amounting to Rs 48 per share. 

HCL Tech first paid an interim dividend of Rs 18 in April 2022. The Noida headquartered company then paid interim dividends on two occasions of Rs 10 each in July and October.

HCL Tech's dividend yield is 4.32 per cent.

HCL Tech Q3FY23 Result 

HCL had in the December quarter reported a 19 per cent increase in the consolidated net income to Rs 4,096 crore, driven by growth in services revenue. It had posted a net income of Rs 3,442 crore a year ago.

The company for the first time crossed Rs 5,000 crore of net income before interest and taxes and Rs 4,000 crore of profit after tax in a quarter.

HCL Tech Share Price History 

Shares of HCL Tech have yielded a moderate return of nearly 8 per cent in the past one month while 25 per cent in the 6 months.

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